Question - Manufacturing Cost Budget
Hubert Products produces a product with the following standard costs:
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Unit Costs:
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Direct materials:
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Wood: 11 square feet at $23
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$253
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Hardware kits (screws, etc)
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13
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$266
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Direct labor 0.5 hours at $32 per hour
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16
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Variable overhead, per unit
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8
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Total variable costs per unit
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$290
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Fixed costs per month (rent, utilities, supervision)
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$75,000
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Management plans to produce 9,000 units in April 2017.
Required - Prepare a manufacturing cost budget for April 2017.